The upper and lower shadow lines represent the traces left by the long and short game. The long shadow line indicates a multi-party intra-day visit attack, but it is suppressed, leaving a long shadow line. If it opens higher the next day, it will attack again. If it is low, it will be very easy to close the shadow line, the shadow line will be adjusted, and even a stage high point will be formed. It is easier to form the top. Although the shadow line represents a massive attack on the short market, many parties will eventually recover lost ground.
The lower shadow line and the zhongyang line can also form important lows or staged lows, but because the formation of the bottom is often complicated, the bottom formed by the long lower shadow line needs to be confirmed repeatedly, and it is not easy to rise directly.
In the K-line diagram, there are three kinds of diagrams without hatching:
1, the closing price is the same as the lowest price, in the form of barefoot yinxian, and the market outlook is bearish.
2. The opening price is the same as the lowest price, with bare feet and a bullish market outlook.
3, opening a word board daily limit until the close, the market outlook is strong and bullish.
In addition to the above three situations, the lower shadow line will often be seen in the K line. Generally speaking, the range of hatching above 2% is of analytical value, and less than this range is too common and can be ignored.
Long shadow lines generally indicate the arrival of the bottom of individual stocks, but the premise is that the previous stocks have experienced a considerable decline. At this time, the lower shadow line is the reference stop signal.
The length of shadow line generally means that the selling pressure is large, but if the quantity can be matched, it is more likely to wash the dishes.